Time in Yerevan: 11:07,   19 April 2024

Automobiles are already sold through vending machines in USA

Automobiles are already sold through vending machines in USA

YEREVAN, NOVEMBER 13, ARMENPRESS. Buying a car is a hellish process. The reward for spending hours researching the right one is a trip to a local dealership — an experience that assaults the nerves in such a way that it's only rivaled by appointments with the dentist. Buying a car will be an easier process from now on,it will be realized  through vending machines. “Armenpress” reports about the aforesaid, citing theverge.com website.

A few years ago, a company called Carvana followed in the footsteps of companies like CarMax by trying to move the car buying experience completely online. The process of purchasing a car on Carvana's website includes all the steps that normally take place at a dealership: getting approved for and selecting financing, selecting a warranty, and signing the contract. It's a process that, in an interview with The Verge, Carvana CEO Ernie Garcia is quick to point out takes many Carvana customers 20 minutes or less.

This left customers with just one dealership interaction: choosing pickup or delivery. And Garcia says that, more often than not, Carvana customers were choosing pickup — so much so that a subsequent pickupstore in Atlanta was a rousing success. Now, though, Carvana is adding some spice to that experience.

The bet is that the Carvana vending machine will be expensive up front, but inexpensive going forward. By employing fewer staff, leasing less acreage, and carrying fewer cars, Carvana drastically lowers the overhead. It also allows them to sell cars for up to $2,000 less than most dealerships. Garcia's not sure sure whether the vending machine's customers will be local to Nashville or if they'll travel great distances for the experience — the company is offering $200 toward airfare and "white glove" service from the airport if they do — but he does sound confident that Carvana will eventually open up others around the country.








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